Bringing succession forward can deliver tax savings, but the decision must make sense within the broader plan

With a possible increase in ITCMD (Brazil’s inheritance and gift tax) on the horizon, high-net-worth families have been discussing whether it is worth bringing forward donations and the succession of their wealth.

In an interview with Exame, Roberto Freitas, partner and Head of Wealth Planning at G5 Partners, notes that the tax savings can be significant, but should not be the only criterion. In his view, tax efficiency is just one element of wealth planning, which must take into account the impacts and particularities of each family.

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